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KCSMMHZ
Nov 21, 2012 6:00am PST
an additional burden. >>> u.s. defense secretary leon panetta is urging congress to strike a deal before the end of the year. that's to avoid a fiscal cliff which may result in a significant reduction in defense spending. the fiscal cliff is a term used to illustrate drastic fiscal tightening if congress fails to reach an agreement by year's end. such a situation is feared to trigger a plunge in the economy. panetta warned that defense spending will be subject to drastic cuts if lawmakers failed to reach a consensus. >> the worst thing that could happen from my perspective is that they just kick the can down the road. all that would wind up doing is continuing to present a shadow over the defense department and for that matter, the rest of government. >> the defense department is already planning to reduce its budget by about $500 billion over the coming ten years. panetta has voiced concern that further cuts could undermine barack obama's new defense strategy that lays more emphasis on the asia pacific region. >>> japanese officials are scratching their heads about how to deal with sluggish tra
KCSMMHZ
Nov 27, 2012 2:30pm PST
to vote on thursday or friday. >> it is not an easy sell for the defense of the idea of letting greece buy back its bonds at below market value. >> it is important to be fair and say that other eurozone countries should not be profitable. greece needs this. >> german chancellor angela merkel and her finance minister can count on the majority in parliament to support the plan, even though many lawmakers still had questions when they were being briefed. opposition parties have not yet laid down their position, but in the past, they have signaled that they will support continuing aid for greece, but the social democrats, germany's largest opposition party, wants more information. >> it is too early to determine what impact tonight's decision will have on the german budget. we have also not yet calculated what the consequences would be for the future of greek debt. >> as far as the opposition is concerned, a hair cut for greece is not off the table yet. if anything, it is being postponed until after the election. >> the prospect that german taxpayers will be left holding the bag on greece is n
KCSMMHZ
Nov 26, 2012 2:30pm PST
alliance losing seats. the nationalist party did win a majority overall. >> the israeli defense minister is planning to retire from politics. he says he will quit his post once the new government is formed after the elections in january. many political observers are expecting him to change political parties. >> israel has taken a step towards expanding its missile defense. existing systems down. hundreds of hamas rockets during the recent violence and now they have successfully tested a new weapon against medium-range domiciles. israel hopes will be ready by 2014. -- medium-range missiles. thousands of angry workers in bangladesh have been protesting after ianother fire after the worst ever factory blaze. >> eclipsed the focus on note the working conditions. have forced the closure of the other factories and lay the area. to many of those responsible, they want them to be punished. >> firefighters could not contain this blaze, so the workers pitched in to help. together, they managed to put out the fire. it was the second factory fire outside of the capital in days. this time, no one was
CBS
Nov 27, 2012 12:00pm PST
leaders from mobilizing troops effectively. defense secretary leon panetta calls for more women in command positions. earlier this month he asked for an assessment of gender barriers and the military. as for this lawsuit, the department of defense has declined to comment. reporting live in san francisco, cate caugiran, cbs 5. >>> united nations ambassador susan rice has come under fire for her handling of the attacks in benghazi. now she is face to face with critics on capitol hill has she tries to win their support if she is nominated for secretary of state. cbs reporter danielle nottingham with what happened in that meeting. >> reporter: some gop lawmakers are still not satisfied with u.n. ambassador susan rice's explanation of what happened at the u.s. consulate in benghazi, libya. >> we are significantly troubled by many of the answers that we got and some that we didn't get. >> reporter: senators john mccain, lindsey graham and kelly ayotte have been vocal critics of rice accusing the ambassador of misleading the public when she said five days after the deadly benghazi attack, there w
FOX Business
Nov 26, 2012 7:00pm EST
for her to give the word, but the president, having stood so strong in her defense, strongly in her defense around what she said that up and gauzy and the video that she said was the cause of the attack that killed those americans that now they are boxed in. he pretty well has to stick with her. this is are going around to say in private what she was in public which, based on the testimony from the general and others is, it was a calculation that it was a decision that was made at the white house that it would be bad business to be out saying that it was a terrorist. lou: what is your reaction, tucker? >> what a waste of time. remarkable. i mean it. as a political calculation. the president just was reelection. a tough campaign. he wins by a convincing margin. he is at the apogee of its power. and what does he choose to do? he spends it on getting susan rice a job running the state department. this is pretty small potatoes by comparison to a lot of other things going on right now, chief among them the fiscal clef. there are a lot of other questions hanging in the air, and he is doin
FOX News
Nov 26, 2012 7:00pm PST
. we're not getting the an-wers. >> greta: all right. why don't you just summon secretary of defense panetta to a committee hearing? >> we're getting to the verge of that. darrell issa has been exceptionally patient, but we're getting to the point where we'll issue subpoenas. it's obvious they won't give us the answers we deserve to have. >> greta: what's the justification for being patient? four americans were murdered. and there have been -- stories have been put out there that simply are not believable, the one being the video which is not believable, the administration admits is not believable. it's been four months since four americans were murdered. i don't understand the patience just to get the straight answer. >> believe me, the last thing i want to do is talk to greta van sustern on fox news and talk about. we should have been demanding these answers right at the get-go. but the president would speak to the face, if there's new information, we provide it willingly to the congress. that's not happened. the state department had the gal to photocopy some pages from the interne
CNN
Nov 21, 2012 2:00am PST
lieberman didn't see eye to eye with the defense minister who was leaning towards accepting this draft proposal sent by hamas via the egyptian government. so once it was clear that those efforts had sort of run into a brick wall, we saw an intensification of israeli air strikes and of course rocket fire out of gaza as well. one of the rockets, rather, one of the air strikes hit very close to the hotel where many journalists are staying right on the coast right next to the gaza city beach. now most recently within the last hour the house of a senior adviser to hamas, prime minister ishmael hamiya was hit and killed. as you mentioned, the death toll has now reached 139 according to palestinian medical sources. at the moment, it's relatively quiet, but unless there's real progress broke towards a cease-fire, we may just slip back into this exchange of fire that we have been seeing now for eight days. >> at the moment it's quiet. let me ask you, though, about the leaflets that are dropped from the sky from israel to basically warn civilians in gaza as a heads-up. look, we are sending a mis
CSPAN
Nov 21, 2012 7:00am EST
can legally marry. marriage is usually a state law matter but under the federal defense of marriage act, a law passed in 1996, the federal government does not recognize those marriages. in that situation, a gay couple who is legally married in boston, cannot file a joint tax return. they cannot get benefits under social security for their spouse like another merit couple would. a series of lawsuits have been filed a federal appeals court in boston and new york ruled tartabull law is unconstitutional. it denies gays and lesbians equal protection under the law. they are legally married. the court said they deserve the same legal rights. the obama administration would not defend that law. the house republicans appointed john clement. many of those cases are under appeal and they will surely decide one of those cases this spring host: is there one more likely than the other? guest: that is an inside baseball question. the problem that arose is that elena kagan was the solicitor general when some of those cases were beginning and she mentioned at her confirmation hearings that she had pa
FOX News
Nov 27, 2012 3:00am PST
convict casey anthony missed? her defense attorney, jose baez knew about it. of course, he didn't bring it up. he joins us live next [ male announcer ] every day, thousands of people like you, are choosing advil® because helps you keep doing what you love. no wonder it's america's #1 selling pain reliever. you took action, you took advil®. and we thank you. starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. a hybrid? most are just no fun to drive. that moment you enjoy it at home. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, evertime. 2% on groceries. 3% o
FOX News
Nov 27, 2012 8:00am PST
. i think they're fine with the sequester, to see deep defense cuts and not actually replace them before december 31. they haven't proposed any. jon: that is going to be interesting if that happens. a.b. stoddard from "the hill." thank you. >> thank you. jenna: now we're going to move overseas and this fox news alert out of egypt where we're seeing new clashes between protesters and police at a massive opposition rally against president morsi there. escalating violence is spreading across the city and much of egypt really for the last five days ever since the president's controversial decree granting himself nearance sew lieutenant power. that is a move many critics say is veiled attempt to turn egypt back into dictatorship. others say morsi is attempting to clean out the old guard and reaffirm a brand new move to a new government in egypt. something we're watching closely in the middle east. with pressure growing last night, morsi sat down last night with a five-hour meeting with the country's senior judges in an attempt he says to diffuse the situation but refused calls to withd
FOX Business
Nov 27, 2012 3:00pm EST
would be going with some of your defensive type companies, what i'm talking about is astrazeneca, azn the symbol, a big drug company in the u.k. people are worried they are going to run out of product. we don't think so. that thing yields north of 5%, liz. liz: 6.15% for astrazeneca. you are just making a ton of income there. >> we think the dividend is well protected. secondly is glaxosmithkline, gsk, another u.k. drug company. we're sticking with defensive type stocks within europe. and we are down playing the financials. liz: glaxo which is off its highs versus astrazeneca which is around its highs? >> i think you might want to buy stocks that have eased off a little bit. any stock weakness that happens between now and year end, then we would accumulate. liz: you also talk about global gorillas. >> these companies with global footprints, brands, been in business for 150, 170 years. companies like procter & gamble 175 years old. you have got heinz ketchup, you have companies that have been -- they are found in your pantry and on our medicine cabinet. these are -- liz: coca-cola, all
CBS
Nov 27, 2012 4:00am PST
. in sports, cam newton slammed out of his sophomore slump against a porous eagles defense. porous eagles defense. [ female announcer ] think a thick cream is the only way to firm skin? challenge the need for such heavy measures with olay. regenerist micro-sculpting serum for firmer skin in 5 days. pretty heavy lifting for such a lightweight. [ female announcer ] olay regenerist. but kissing is at an all-time high! i want answers! ♪ oh. right. kay. [ female announcer ] it's true, every kiss does begin with kay. where you can save up to 30% on these diamond fashions. at kay, the number-one jewelry store in america. ♪ ohhhh. right. ♪ every kiss begins with kay >>> here's a look at the weather in some cities around the country. in new york, snow and rain, 39 degrees. showers in miami, 80. mostly sunny in chicago, 36 degrees. same deal in dallas, 56. in l.a., some sun, 70 degrees. let's check your national forecast. snow and rain will push through the northeast. some areas could get as much as five inches of snow. two separate storm systems will bring as much as three inches of snow to
CSPAN
Nov 24, 2012 7:00am EST
defense. i called city hall and they said, we would never issue anything like that. there was an official stamp. i also called the district attorney's office. they never called me back. i called and called again. this is our right fraud. if you just had a voter i.d.. the lines are enormous. i have to check the spelling of their name, i have to look up everything. it is so much easier and nicer for us as a worker. i was there for 14 hours that day with a half hour lunch. i was so happy to have somebody give me an idea. it made the process so much better. host: how many different types of ids are acceptable? caller: anything. student identification, anything with a name. i said, to you have anything else with the address of their. he said i do not have to share your id. i knew these people did not live in my neighborhood. i have lived there since 2006. i know almost everybody in my neighborhood. this was issued by the city of philadelphia, outright fraud. host: a couple more stories we are looking at this morning as we continue the discussion on remedies to speed of the voting process. this
CSPAN
Nov 28, 2012 1:00am EST
in the non-defense discretionary. the cost of security programs in that same time period has gone up 60%. the cost of mandatory programs is up 30%. i want to call your attention to one aspect progressives need to remind people. of the $1.50 trillion already in spending cuts, $900 billion comes from spending. we have given far more than when it comes to defense side. let's talk about those for a minute. the budget control act and sequestration would result in dramatic cuts to spending. we have heard a lot of talk about the impact it will have on our national defense. to believe that having ended one war in iraq and ending another in afghanistan that we cannot find savings in the pentagon, i do not think that is a fair assessment. there are savings to be had that will not compromise our national security. the simpson-bowles commission approach established in the outer years to lay the temptation to go back into the non-defense accounts when too much political pressure keeps you out of defense spending. i would hope any long-term agreement would improve that. on the non-defense side, i thi
CNBC
Nov 21, 2012 3:00pm EST
to mark hurd's defense so quickly? >> what a spectacular job he did over that five-year period at hp. you can look at the results. it's a little like looking at the apple results. hp without mark hurd, hp with mark hurd, hp without mark hurd. >> and the stock just kept going lower there. >> it did. what a story. only two years, bill. so is larry ellison right? did it all go wrong since mark hurd was forced out? herb, you say the company did take a turn for the worst after mark hurd left. he was a better salesperson and better at execution. is that what you're saying? >> shaw. >> no, we think so. at the end of the day, they are selling commodity products, but there's nothing wrong with that. you just have to be run well. if you look at since then, they haven't been run well. we think that's an issue. also, having a strong sales force, strong personality in terms of convincing your own employees, this terms of convincing customers, we think those are things that are no longer there. we think, frankly, have made life difficult for hp. >> herb, you disagree. you think the company's problems w
KCSMMHZ
Nov 21, 2012 2:30pm PST
be a grave mistake if we were to refuse defensive support to a fellow nato country at a time when that country sees itself as being attacked from outside by a neighbor. >> patriot missiles can shoot down aircraft as well as incoming missiles. the u.s., the netherlands, and germany are the only nato countries which have the most recent versions of the technology, which means any deployment could see german soldiers stationed on turkey's border with syria. experts expect about 170 troops to be deployed. the government has already signaled its intent. >> we are waiting. that is the message from greece after another delay in its latest bailout payments. >> the greek prime minister says there's no justification for that delay. he has been voicing frustration after eurozone finance ministers failed to greenlight the payment despite 11 hours of overnight talks in brussels. >> they will give it another shot next monday. ordinary greeks are wondering when the uncertainty will finally end. >> the mood was somber on the streets of greek cities as people that just the bad news from brussels -
PBS
Nov 20, 2012 6:30pm PST
is putting aside 37 billion euro to cut the national debt. defense will be the third largest recipient. the german opposition and parties are not impressed. they said they should have prevented a budget that did not put them further into the red. >> you have failed in your task. instead of giving lectures in europe, and should have done your job in germany and brought the debt down to zero. you failed. >> the opposition's is taking on fresh a debt is risky with the eurozone in the middle of a crisis. german lawmakers will again be turning our attention to the crisis later this week when they will debate sending more money. >> in soccer, the chair believes game including beirut- munich. -- bayern - munich. >> and one player is getting a lot of attention. >> they paid 40 million euro for him, the most in the history of the league. they now expect him to perform. he knows it will be a tough match. >> i know valencias going to be on the attack. the fans are here right behind your team. it's not going to be easy -- that's for sure. >> valencia also has a player with a good feel for his oppo
CNN
Nov 27, 2012 4:00am PST
as it is a spending problem. >> we heard so much about sequestration in terms of defense cuts. i get entitlements. i get the issue when it comes to taxes. you look at the amount of money this country spends on defense, is it an area where republicans say we can make cuts there as well if you want cuts on entitlements? >> absolutely. we need to make cuts anywhere we can. there are efficiencies we can find in military spending. that doesn't mean that the kind of sequestration called for by the budget act of 2011 is the way to do it. those cuts fall disproportionately on the department of defense and i think that's a problem. i've got a bill in the form of my cut, cap and balance act of 2012 that makes sequestration unnecessary because there are more cuts, some in defense and others in other areas. i have another piece of legislation that i have not yet introduced but am working on. targeted kus so we don't have to carry out all of the cutting in the area of defense or disproportionately in the area of defense. >> i want to bring in u.n. ambassador susan rice, who has a meeting on the hill in the next
CNN
Nov 27, 2012 9:00am PST
to the defense sector. defense contractors will lose. it's not just big companies, boeings and lockheeds most defense work in the united states is done by independent companies so there are small company, software companies, provides that provide do the defense industry, small businesses that will get hit. the estimate the average family will pay up to $3500 more in taxes. that's if the worst happens. bottom line, what it will do, suzanne, it will reduce gdp, economic growth, that's stuff that creates jobs and slow the economy down to we'reoo sensitive to being slowed down. >> explain now the debt ceiling plays in the talks. >> the debt ceiling will run out january, maybe early february, depending on how the treasury moves things around. last time they were able to move payments around so they didn't miss anything. that's part of this. it's not part of the fiscal cliff, but it's an area that the republicans feel very strongly about. they're use it as leverage. john boehner said as much to the president. people say the debt ceiling thing is an albatross. most countries don't have a debt limit.
CNBC
Nov 22, 2012 4:00am EST
border with syria. >> the it turn kish government stressed the tee employment will be defensive only. and that it will in no way support a no-fly zone or any offensive operation. >> the situation is detearer be rapidly as rebels continue to battle government forces. so still to come on the show, as tensions simmer between china and japan, our panel exams if asia's top economies can still do business despite national list tick further at home. >>> hsbc's flash pmi shows china's packer to activity expanding above the key 50 level for the first time in more than a year. stocks in shanghai fall on fears they may rein in on stimulus. and no sign of compromise as eu leaders begin arriving in brussels for what could turn into four days of budget talks. david cameron iterating his criticism of increasing the bloc's spending. palestinians pour into the streets as eight days of strikes end between israel and hamas. this is a thanksgiving day holiday. so happy thanksgiving if you celebrate it. slim gains yesterday. ibex up 0.8%. we are focusing on spain in the next 15 minutes. we have spain tap
FOX
Nov 25, 2012 7:00am PST
conference on friday where they can decide whether they will hear any of five challenges to the defense of marriage act or the prop 8 case. the odds are good they will accept one of those cases and the prop 8 case. california's prop eightle limited that to a marriage of man a a woman. >>> they can help you buy a powerball ticket. no one matched all sucks numbers and now it will jump to 325 million to an estimated $45 million for the next drawing slated for wednesday. it is the biggest jackpot in powerball history. powerball tickets are not sold though in california. they are sold in 42 states and including washington, oregon and arizona. incidentally. the winning numbers were 22, 33, 37, 44, 50. and the powerball number was 34. >>> plans are still pending for legendary tv actor larry hagman. a wreath of yellow roses was laced on his star in the hollywood walk of fame. fans toured the south fork  ranch which features memorabilia from the show "dallas." >> he was j.r. ewing and he was a texas native. he died on friday surrounded by his family. >>> crime is up in neighborhoods hit hardes
MSNBC
Nov 26, 2012 3:00am PST
's not vince lombardi. and rex makes it sound like he's won five championships. rex, as a defensive assistant, that doesn't count as a championship ring. but sparano was a bad hire as offensive coordinator. he's an offensive line coach. he's not an offensive coordinator. obviously tebow has caused some distraction. and sanchez, some. >> some. >> some. it's too much. too much. >> sanchez is awful. >> it's going to be a tug-of-war between rex ryan and mike t tanenbaum playing out behind the scenes. >> i think woody would be afraid to fire those two. i think he's joined at the hip with tanenbaum. >> that was a public humiliation, the entire nation watching after thanksgiving dinner, everyone saw that. >> it's the funniest play of all time watching sanchez fumbling, runs into the offensive lineman. it's actually funny. >> it's a broken play. so he misreads the play after calling it in the huddle five seconds before. he gets confused. he runs into the posterior of a lineman. >> it's funny. >> falls down and fumbles the ball! >> the posterior of the lineman was thrown into him by vince wilfork. it'
MSNBC
Nov 26, 2012 9:00am PST
to government spending could impact public safety. >> i think you should be worried if you have a defense job and we all ought to be worried whether we are dependent upon other aspects of the federal budget. whether we're worried about the regulation of our food safety, whether we're worried about our borders being secure, whether we're worried about fbi being supported, it's all affected by sequestration. >> joining me now, cnbc washington reporter eamon javers. you heard the numbers we just ran down. what is the short-term tangible consequence if we don't get action on the fiscal cliff. >> cote is right, it does cause uncertainly. life is uncertain and so they know that there's going to be this issue and that washington is going to wrestle with it. in the short term, the very short term, i think actually some of the hype around the fiscal cliff is a little overblown, particularly because the first couple of days or week or so after we go over the fiscal cliff we won't see all that many impacts. all these tax and spending impacts take months to go into effect. it doesn't impact the economy u
MSNBC
Nov 26, 2012 1:00pm PST
conference he had last week or so where he gave a full-throated defense of her and said to both senators john mccain and lindsey graham, don't go after her. if you have an issue with someone, come after me. and so that's the clearest indication yet that susan rice is probably at the top of the nomination heap. >> indeed. jonathan capehart, lynn sweet, thank you both. >> thank you. >>> next, want to avoid holiday traffic, daily commutes, and offices altogether? run for congress. stay with us. with verizon. this monday online only. get the droid razr by motorola in cranberry, free. or a white 7-inch samsung galaxy tab 2, just $99.99. this holiday, get the best deals on the best devices on the best network. exclusively at verizon. >>> after a brief break for thanksgiving, the majority of americans made the trudge first back home and then back to work this morning, but this did not include our esteemed elected members of capitol hill. oh, no. with an urgent need to address the fiscal cliff, support our economic recovery and consider the unrest in the middle east, congress has the day off. in fact
CNBC
Nov 26, 2012 1:00pm EST
the last couple of months. republicans are on the defensive. they are backing away from grover and i think that is increasing the likelihood that we're going to get a deal. >> never thought the phrase butt fumble would be uttered on cnbc. leave it to harwood. >> especially from john harwood. but you never know. you never know. >>> meantime, ty, state attorneys general have sounded the fiscal cliff alarm this well. 43 ags have sent a letter to congressional leadership's urging them to extend the tax relief on the mortgage debt forgiveness. diana olick has the letter and she joins us with washington with more of the details on that. hi, diana. >> sue, you're right. five largest banks in this nation have already wiped out more than $6 billion of mortgage principle debt for thousands of borrowers under that giant mortgage settle many that just went into effect early this year. they've also wiped out according to the monitor of the settlement more than $13 billion worth of debt involved in short sales. that, say the nation's state attorney general provide rerelief to homeowners trying to get ba
CNBC
Nov 27, 2012 1:00pm EST
and choppiness of it, think about how you can maybe shift your portfolio and be more defensive. >> so, give me -- is that one of the reasons why perhaps utilities are bouncing recently, because people are looking for that safety and also the yields, of course? >> exactly. you look at the dividend yield, utilities or tell come, clearly with interest rates this low where are investors going? utilities, telecom, into mlps, high yield emerging market debt, all these areas will continue to be in a bid. what i think of from a sector allocation standpoint, what i think the next month and a half in the markets, i think of the lower beta areas, utilities and telecom one of them. >> what would you stay away from? >> i luook what is going on in europe, see big steps in that right direction. >> >> bob pisani loved the greece deal. >> a great deal. i like the idea of going to the troy ka and ask them to reinnocent mortgage. >> how much of a typical portfolio do you think you would allocate into high-yield asset? >> ultimately depends on the individual investors and how they view sort of risk and what their
KCSMMHZ
Nov 27, 2012 6:00am PST
peninsula is the common responsibility of concerned nations. it's also in their interest. >> a u.s. defense department official declined to comment on the analysis, but the official said the u.s. asks north korea to follow a u.n. security council ban on launches involving ballistic technology. >>> the people who wont to be south korea's next president are mapping out their strategies in the lead-up to voting day. official campaigning is now under way. and so for the next three weeks candidates will be crisscrossing the country to sell their message. park geun hye of the ruling saenuri party is one of the front-runners. she visited a national cemetery in seoul where she paid respects to those who died in the korean war and other continflicconflic. park expressed her determination to become the country's first female president. >> translator: south korea has to choose whether it wants to move forward with a prepared future or go back to the past which is marked with failure. we are now standing at a crucial crossroads. >> park also said she will promise to build a nation where everyone can le
CBS
Nov 21, 2012 4:00am PST
in a nearby embassy warnedm to take cover. the taliban says it is responsible. >>> secretary of defense leon panetta said the fight against terrorism will require an ongoing effort. he said u.s. forces decimated al qaeda's leadership but the threat has not been eliminated. >> this campaign against al qaeda will largely take place outside declared combat zones. using a small footprint approach that includes precision operations, partnered activities with foreign, special force operations and capacity building so that partner countries can be more effective in combatting terrorism on their own. >> panetta also said associated al qaeda groups are making in roads. >>> republican lawmakers are stepping up their opposition to the nomination of susan rice to be the next secretary of state. they said she was misleading about who was behind the attack on u.s. consulate in benghazi. terrorism was cut out of talking points. the direct of national intelligence, the dni. >> reporter: u.n. ambassador susan rice relied on those talking points during an appearance on "face the nation" where she called it a
CSPAN
Nov 27, 2012 12:00pm EST
of the things that the health sector and energy sector and even defense has learned, when you get ahead of it, you can help the to shape the conversation the way you can't if you're on the back end responding. back end responding in any context you're at the bottom of that conversation. >> you work directly with teachers. given the tenor of the conversation around for-profits i have got to suspect many. teachers you reach out to or come into contact with probably have mixed feelings about for-profits. what kind of reception has learnzillion gotten and how do you drive the conversation the way jim suggested where it is about focusing on what serves kids well and alleviating concerns in that kind of framework? >> yee. actually let me start with the second part and move to the first part because i think what jim's jim is pointing out in terms of incentives the government plays an important role. if there is threat of that sort of response from the government, i think that that in itself then creates incentives for different actors within the industry to act differently. one thing interesting fro
CNBC
Nov 23, 2012 12:00pm EST
with your technology, with your health care, stay with defensive stocks. >> you still like apple? >> we love apple. we think it can get back to 7350. but china, ipad, iphone, those will be -- >> a good week this week. thank you get to the mood as well, with your candy striped tie. >> look at those numbers, two for the lottery. >>> about ten minutes left, only a half trading day. the rally continues. >> it is indeed. we. steve cohen is in the cross hairs of federal prosecutors who are trying to turn a former employees accused of insider trading against him. the very latest information on a new weights scandal. >>> deal or no deal? will stocks fall off a cliff if congress cannot fix our financial mess before the end of the year. a story you've heard a few things about lately. we'll have more. ♪ the holly that will be on your own front door ♪ can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break fro
CNBC
Nov 26, 2012 4:00am EST
. have a good week. edward barack says he's quitting political life. he will remain defense chief until after the next set of elections. right now it's time for today's edition of the global markets report. european stocks having a pretty good week last week we are weighted to the down side after that good week. dean klein ye 7:2 at the moment, but not a bad week at all. ftse up nearly 4% last week, up 5% for the dax, 5.6% for the cac. ftse down a third, spanish yields pretty low reading. well away i suppose from the 6% mark is what i'm saying. ten year bund yields 1.4 p. we've seen the dollar index just down on a three week low at the moment. plenty of focus on yen. dollar-yen 81.98. pulling away from the 7 1/2 month high. aussie dollar back over 1.04. sterling-dollar just on the 1.60 marks as you can see. that's where we stand in europe. let's check in on the asian trading session for the first time this week. >> mixed trade here in asia. investors cautious ahead of the eurozone finance ministers meeting. but the nikkei continued to push higher as exporters gained on the yen's weaknes
CNBC
Nov 28, 2012 4:00am EST
is going to keep business very cautious, very defensive and that's going to worry the equity market. >> it's interesting because it also comes against the landscape where we've seen chinese equities underperform, they reminded us very few of its member countries have great growth prospects going forward. that's probably wise. people are saying why is it that across the globe the u.s. fiscal cliff is such an issue. well, it's because sources of growth at this point are few and far between. >> that is the problem. where is growth going to come from. the one place that looked set for a reasonable 2013 was the u.s. economy. europe flat, china slower probably than this year. but a reasonable set of growth. if you put a 3.5%, 4% of gdp drag on that economy which was only growing at 2, 2.5, you're talking about throwing it into recession. that's why markets are taking heart this morning and equities remain nervous. >> the rhetoric, to avoid the fiscal cliff, taxes go up, dividend tax rates, personal tax rates, corporate tax rates go up, that that itself will cause economic weakness. what do you s
FOX Business
Nov 21, 2012 1:00pm EST
defense system by firing multiple rockets at one area. if it happens and comes together in the next 30 minutes i is more than a cease-fire. an agreement to end the rockets into southern israel and israel decided to end the assassinations of hamas and jihad leadership inside the gaza strip. granger and weapons smuggling and also egypt guaranteeing the fact the rockets would not fly. the whole hamas responsible. we are on day eight of what has been a punishing ground air war between hamas and israel, more than 5000 targets hit inside the gaza strip, 140 palestinians dead, five israelis dead, more than 1000 rockets launched here into israel. it is important to note how this changes the strategic map of the middle east. a couple of years ago was in jail as a leader of the muslim brotherhood. major see cease-fire deal. secretary of state hillary clinton have all spoken to his help in securing the cease-fire deal. now you just wait to see if in the next 29 minutes if it is all quiet on the southern front. back to you in new york. melissa: probably not. thank you so much. return to the middle
FOX Business
Nov 27, 2012 1:00pm EST
the most defensive position for money of that dimension to inhabit. when we see a change, then we'll see difference ares in direction and flow of that capital but until then, this is a president and a congress, republican and democrat, that are risking everything through their lack of courage, their lack of principle, and lack of vision and responsibility. these people are playing out like they want to come away from this with a whole chapter and profiles in courage devoted to them. it is not going to happen. this is a profile in cowardice. this is profile in the lack of intellectual integrity and a absolute refusal to be straightforward with the american people. i mean we've got now the house going out to campaign with small business for their point of view. we have the president going out to talk about the wealthy. these are silly, sophomoric, political, pieces of political theater. lori: these are bipartisan frustrations. >> ttis schmidt even about partisanship or bipartisanship. this is incompetence, banality. and they all seem to want to cherish it. meanwhile the fourth estate is co
FOX News
Nov 21, 2012 3:00pm PST
of additional u.s. funding for iron dome and other missile defense progra programs. >> i have agreed we will fight weapons of terror. >> u.s. and israel knows they send the rockets to hamas through egypt, which is why the president is using more of a stick in the conversation with morsi. today, hillary clinton praising and pushing morsi, member of the muslim brothe brotherhood. >> this is a critical new moment. they are assuming the responsibility of the leadership that made the country corner stone of the regional stability and peace. >> israeli officials are blunter. pressuring morsi to finally stop the spread of the deadliest rockets that are raining down. >> responsibility there to step up to the plate and stop the smuggling. egypt has been constructive in the past. has had a constructive role. we hope egypt will continue to fulfill a constructive role now and in the future. >> last weekend, republican senator lindsey graham threatened to cut off the billion dollars in u.s. aid unless morsi helped stop the violence. today, graham joins senators mccain and kelly ayotte in going furth
KICU
Nov 27, 2012 11:30pm PST
in a good defensive unit so far. fans are all about the here and now. the big picture to close the imagine way off in the distance. but that is what the warriors want fans to focus on when it comes to andrew boget. the center still not ready to play and probably won't be any tile soon. one thing is certain the warriors are not going to rush things. >> you feel like you kind of feel like you're letting the team down in a way. you feel like you let the fans down the organization down. but i'll just try to stay positive and worry about my ankle gets right. >> plenty of fans out there for the giants want the beard gone. that is bryan wilson's actual facial hair not the pitcher himself. the man is absolutely huge in bringing the world championships. a little too much time in his hands this year as he recovered from arm surgery and apparently the giants now think it's too big a risk to pay him anything close to the 8.5 million he made this year if he's not tendered by friday he will become a free agent if there's a team out there willing to take a chance on him. we may have seen the last of the
FOX News
Nov 26, 2012 6:00am PST
. thank you. martha: israel is testing a new missile defense system as a familiar enemy promises a major rocket attack if they are provoked. this latest defense system is known as david's sling, it's israel's third attempt. and it's similar to the iron dome system. news of the test comes off he hezbollah promised that thousands of rockets would reign on israel if it attacked lebanon. >> police are investigating a black friday brawl that had a lot to do with more than a good bargain. you see that guy in black, we are hearing the fight at this reportedly upscale mall was possibly over a sale on underwear. other shoppers scattered as the violence spilled over the mall barriers, this in california now. witnesses say thing could have ended much worse if security officers had not stepped in when they did. martha: craziness out there, crazy, look at that. the lines stretched around the block but last week's black friday sales president bush actually down from last year. there may be some redemption for the retailers today, they wait for the cyber monday sales to come in and those are expected t
CNBC
Nov 21, 2012 6:00am EST
thought there was an interesting article. dave cote from honeywell, the guy who runs the defense sector there -- >> is he french now? >> no, what's his name? >> very sophisticated. >> they were talking about how defense has to be cut and i think that's an important statement. i think this whole thing starts with the defense cuts and everything else will fall in line. i do think we'll get some resolution on this, whether it spills into the new year doesn't matter. i think everybody is preparing for the imminent tax hike anyway. it's just going to come. on the issue of dividends and capital gains, that will be hung out there, will we go up to the ordinary, i don't think so. i think it will be some compromise. it's not that i'm hoping that, but i think that there will be. >> does it matter if we -- so we cave. we're afraid, we don't want anything bad to happen. so we're going to raise some taxes. we're going to cave, but we're not going to really cut spending, we don't want to hurt anyone. this is what we do and no one could fail. you know, a couple years ago -- is it bad that we don't tak
CNBC
Nov 23, 2012 1:00pm EST
for today. you're seeing a grab bag of companies, some defensive names like exelon, wisconsin energy and southern company in the energy sector. as well as cablevision and genworth which is an insurance name. so roughly pretty big grab bag for laggards today. research in motion getting a big pop today on heavy volume for that stock, up 14% in a sustained rally. that's a big move for r.i.m. we're finally getting a date for the blackberry rollout, january 30th. analysts like that move as well as investors. >> we'll see if that works out. >> blackberry 10 is make or break for this stock. >> our internal market guru here at cnbc tells me that with today's rally, the markets are now back -- they've erased all of the losses we saw in the u.s. markets after the election on november 6th. we're back to -- >> we have a crack data team, don't we? we ask, they perform. thank you very much. >>> from california to florida, walmart workers have been staging protests at various locations across the country. but, is that keeping shoppers away? we'll go live to a walmart store in maryland for the lates
CNBC
Nov 26, 2012 4:00pm EST
defense risk assets. dividend payers, technology, even overseas, emerging markets. china looks like it's finally starting to recover because the bottom line is, even if we don't go over the fiscal cliff, we'll still have a very, very slow growth environment for a period of time. you have to hedge both sides. don't get too optimistic but don't escape from the market completely because you could miss a rally up. >> mary, this dominates trading, doesn't it, the discussion about fiscal cliff? how much is it driving averages on every given day? >> it does. if you read the notes, you talk to traders, it's one of the first things they talk about every day. any headline you see about it, that's going to affect trading. as a result, just as a lot of our guests have been saying, a number of people are expecting volatility to increase as we get closer and closer to that deadline. that being said it appears fewer investors are taking a risk in the market. as of today, like last week, we're seeing very light volume. well below averages of 3.5 billion shares. it looks like investors may be waiting o
PBS
Nov 23, 2012 12:00am PST
that the defense minister did a good job as well and a full 79% feel that the chief of staff -- they were pleased with his job in this campaign. the those seemed to be rather positive, of course, when people are looking at those numbers, looking ahead to next week's primaries. >> sreenivasan: so we saw a huge massive buildup of troops along the gaza border. what's happened to the israeli military now? are they withdrawing some? >> they are withdrawing some. at the same time the chief of staff has put out a statement that some will remain. we're in a cautious period right now. so while troops, yes, we were seeing them leave, we were seeing the tractors pull up and pull up the tanks and the tanks were withdrawing and so were the troops, we're getting ready to get out. some will be left behind. again, we're in this period right now of wait-and-see, measuring the situation. schools are not going back to operating tomorrow. those kids will still be staying home from school until the south. so the army is also at the same time keeping a presence down there. we don't get numbers. they won't give us numb
PBS
Nov 28, 2012 12:00am PST
. and then came the 1980s and the tax cuts of ronald reagan combined with greater defense spending leading to hugely higher annual deficits covered by borrowing. and thus again a swelling national debt. but with no wars at all. then under presidents george h.w. bush and bill clinton we took action. for a while, both parties agreed, says simon johnson. >> there was a bipartisan agreement to raise revenue and put something of a damper on spending. so that's an important moment in the bigger picture, of course, that was just a small hesitation on the part of a much larger national debt. >> reporter: because in the bigger picture, a president just can't accomplish very much if he's cutting spending and won't raise taxes. and so yet again, more borrowing. under presidents george w. bush and barack obama. higher deficits and debt that, because of the graying baby boom, are fated to get even worse. >> the population was always going to age, the baby boomers were going to retire. they were paying a lot of social security contributions in 1990s. we were always going to shift into structural deficit
CNBC
Nov 21, 2012 1:00pm EST
a pass on the fiscal cliff. home builders, gold stocks big gainers this week. defensive names, cyclical stocks are the biggest gainers on the week. dow is up 2%. we also see s&p 500 sector gainers. this is all the risk-on trade. materials, tech, energy, financials, there's your classic risk-on move and for the week the dow is up 2%. s&p up maybe 2.3% for the week. my sense is that this is going to last another week and a half to two weeks. you have a grace period where they'll let them negotiate. if we get into the week of december 10th, everyone feels we better get some outlines of what will happen. if there's not the obvious -- we're not going to have a deal, it is going to move down very fast. i think we have a period of a week and a half here. >> we'll be watching. thank you. >>> the announcement of the cease-fire. did that lead to selling in treasuries? rick santelli is tracking the selling at the s&p. >> definite talk on the floor has been almost universally about the cease-fire and a lot of thought as to why the market and treasuries didn't really respond much. you could look for
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